Pre-Approval Letter

This letter is often requested by the realtor assisting in locating your next investment. Get pre-qualified in under 5 minutes and know the potential loan amount you are eligible for

Property type

Max loan amount

Property conditions

Property occupancy

Term & Rate

Single-family, Townhome, 2-4 units

$1,000,000

C1-C4

Currently leased/will be in the next 3mo.

30-year fixed rates

Loan to value (LTV)

US entity required

Multiple entity owners

Origination fee

Interest rates

Up to 70%

Up to 5 owners

2%

6.25-7.25%

Why Get a Pre-Approval Letter?

Know your borrowing capacity

Know in under 5 minutes how much your future mortgage will be and thus shop efficiently. You also can avoid the trap of falling in love with a home that’s just unreachable. Time is money. Target your searches.

Know your eligibility

By being pre-approved, you can shop with peace of mind without rushing or delaying your purchase. Enjoy the security without committing to a loan.


One step ahead of other buyers

You are considered a serious buyer with a pre-approval. It financially reassures the seller and your broker that you’re not bluffing. Your cards are on the table. Your offer is solid, and you will be able to negotiate.

How it works

“I was amazed how fast and easy it was for me to get a pre-approval letter from Lendai. All it took was a few minutes of my time and I was ready with a Pre-approval letter that my agent could use to make my purchase offer stand out from the other applications.”
Dave D.
Canadian investor

Contact our loan specialists to get an online pre-approval today